SCHAUMBURG, IL -- Sparton announced today that it had entered into a merger agreement with Ultra Electronics Holdings pursuant to which Ultra will acquire Sparton for $23.50 per share in cash.

SAN JOSE, CA – Sanmina said CEO Jure Sola is stepping down. Sola has been CEO since 1991.

WASHINGTON— Global sales of semiconductors reached $31.9 billion in May, an increase of 22.6% year-over-year and 1.9% sequentially, says the Semiconductor Industry Association.

ANAHEIM, CA -- Benchmark Electronics will close its local electronics manufacturing site and layoff 75 workers, according to a notice filed with the state.

HERNDON, VA — The 2017 Roadmap from the International Electronics Manufacturing Initiative (iNEMI) is now on sale on the iNEMI website. 

BUDAPEST – Danutek, a subsidiary of Altus Group, is expanding in the Balkans and Hungary, and Altus announced a new office in Sofia, Bulgaria.

WESTBOROUGH, MA – EMS firm NEO Tech plans to combine its two existing New England locations into a single site with a consolidated team.

BANNOCKBURN, IL – North American printed circuit board orders in May decreased 7.3% year-over-year, pushing year-to-date order growth into negative territory at 1.3% below the same period last year. Orders were down 33.6% sequentially, says IPC.

SINGAPORE – Kulicke & Soffa Industries now expects fiscal third quarter revenue to come in at the high-end of previously provided revenue guidance, between $235 million and $245 million.

GAINESVILLE, GA – Count On Tools completed a six-month $2 million expansion at its headquarters here.

BOSTON, MA – MC Assembly hired David Prunier as vice president of new business development.

TAIPEI – Kinpo Electronics will establish two more factories in the Philippines, bringing the ODMs total there to four.